A Hamptons homeowner wants to trade his home for either an East End waterfront property, a New York City condominium or commercial property.
The 8,800-square-foot North Haven home is on the market for $2.995 million. The Mediterranean-style house was built in 2008 and has seven bedrooms, nine baths and four fireplaces. There are two master suites, each with a fireplace. The home is on almost 2 acres with a gunite pool and spa, and a media room.
“After a meeting of the minds, the homeowner and I decided to try this,” says listing agent Jeanine Edington of Prudential Douglas Elliman Real Estate. “I’ve done it before . . . and it has worked.”
The homeowner has uses in mind: On the waterfront land, he’d build another house. He’d set up his father in the New York City condo. As for commercial property — it would sustain itself with rent and appreciation.